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$655,000
4 Beds 4 Baths
Tucked into the established College Park neighborhood just minutes from UNCW and under 15 minutes to Wrightsville Beach, this 4-bedroom, 4.5-bath home is a rare turnkey opportunity -- a proven short-term rental with no HOA, in one of Wilmington's most rentable locations. It already has over $52,000 in bookings on the calendar for the current year and is on track for $65,000-$75,000 in gross rental income, making it a compelling buy for investors while living equally well as a primary or multi-generational residence. The standout is the layout: all four bedrooms feature their own private en-suite bathroom -- a true rarity that makes the home ideal as a short-term rental, a premium college rental near campus, or a comfortable home for families and roommates alike. A private elevator serves all three levels, adding genuine convenience and accessibility while widening the home's appeal to every kind of guest. The main living level centers on an open-concept great room, where a generous living and dining space flows into a kitchen with granite countertops, stainless steel appliances, a center island, and a pantry. Step out to the screened porch off the kitchen and take in the private, wooded backyard -- built for morning coffee or evenings around the firepit. Upstairs, a secluded primary suite offers a large walk-in closet and a spa-style bath with a tiled walk-in shower and dual vanity. The ground level adds a two-car garage, a universal EV charger, ample storage, and a private en-suite bedroom -- perfect for guests, a home office, or a separate suite. Between the location, the income history, and the rare four-en-suite layout, this is a turnkey investment that's tough to replicate.

4806 Collegiate Dr, Wilmington

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College Park Real Estate

College Park Homes offers older single-family homes, renovated cottages and investment properties near UNCW in Wilmington, NC, with a central location, varied lot sizes and access to employment, education and shopping. The location also provides connections to UNCW, College Road, downtown Wilmington and Wrightsville Beach, giving buyers several factors to weigh when comparing this community with other coastal Carolina options.

Compare lot position, road exposure, views, surrounding homes, floor plan, condition and renovation needs before deciding which property offers the best fit.

If the property has an HOA, review the current dues, insurance responsibilities, architectural rules and any amenity or club fees. Coastal Carolina Properties can help compare active listings, recent sales, lot position, condition and total ownership costs.